Are W’s restaurants a threat or opportunity?

Craft, the upscale restaurant, and Ghostbar, the chic lounge that just opened in the new W Hotel north of downtown, could be the first boulders in an avalanche that remakes the local dining scene. The difference between which spots survive and which get buried may be as simple as the strength of a restaurateur’s personality.

Craft, the restaurant created by New York chef Tom Colicchio, is only the first of several blockbuster names that soon will be serving dinner and drinks in or near the American Airlines Center-Victory Park development. Some industry insiders suggest the ritzy new dining and entertainment district threatens the current crop of independent, local restaurateurs. But others downplay the long-term effect, and some even speculate that Victory will spark better business for many North Texas restaurants. more…

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